Ericsson on Tuesday posted a fourth-quarter net profit that beat market expectations , buoyed by strong sales of 5G equipment in North America, Europe and Latin America, despite a significant loss of market share in China.
Read moreWho bought Ericsson?
In June 2002, Infineon Technologies (then the sixth-largest semiconductor supplier and a subsidiary of Siemens) bought Ericsson’s microelectronics unit for $400 million. Ericsson was an official backer in the 2005 launch of the .
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